Monthly Archives: August 2019 (Page 2)

Appen shares hit despite revenue boost: ASX tracking 0.2% lower at noon

29 Aug 2019 - After a small rise at the open the ASX took a dip and continues to fall tracking 0.2% lower at noon. Shares in Woolworths (ASX:WOW) dragged on the market despite showing an increased its net profit after tax by 7.2% to $1.75b. Appen (ASX:APX) shares also took a dip – they reported today showing revenue is up 60%. BidEnergy (ASX:BID) has signed a three-year agreement with Origin Energy (ASX:ORG) to deploy its world-leading Robotic Process [...]

Energy bolsters US stocks: ASX poised to open lower

29 Aug 2019 - Despite positive leads from US markets, the ASX looks set to open lower this morning, a US lift not enough to bolster our market. Energy shares rallied in the US, Texas crude rose and Chevron and Exxon saw a lift. The S&P 500 climbed. Infigen (ASX:IFN) has agreed to lease 120 Mega Watt of open cycle gas turbine equipment from the South Australian Government for 25 years.